Because of the strong rise of stock prices the last four months, investors and analysts start talking about a stock market crash more frequently. Chart specialist Sandy Jadeja thinks that a substantial correction is imminent. It is only natural that some sort of correction will follow the strong rise of market indices of the previous period. The key question is: when will this correction take place? If the current rally would resemble the rally at the end of the previous century, indices might add as much as another 40% before collapsing. If the rally that preceded the subprime crash of 2008 serves as an example for 2017, a substantial correction could take place any day and we cannot be sure what will be the trigger. Predicting a stock market crash or correction is not the issue, the timing of it is.
U.S. stocks were little changed on Monday. Investors preferred not to move ahead of a widely expected interest rate hike by the Federal Reserve later this week. Volatility eased somewhat more and the VIX is getting closer to 11 points. XIV ETNs added more than 2%.
All our models profited from this rise of XIV ETNs. Danny Daredevil saw its return since the start go up to 220%. Adventurous Anny‘s RSS rose to more than 3% and that of Solid Suzy and Lazy Larry is approaching 5%.
No trading signal was given by any of our models.
RSS = Return Since Start | YTD = Year-To-Date | QTD = Quarter-To-Date | AAR = Average Annual Return
Spring seems to have finally made it to the Netherlands! René has been waiting for this moment for months already. Perfect weather conditions to go out and get a breath of fresh air. He inflated the tires of his mountain bike, filled his backpack with a bottle of mineral water and some sandwiches, and went for a long bike ride along the Belgian border. While riding his bicycle, he realized once more that during scarce moments like this, every hour spent indoors is a lost hour.